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Monetary Union, Employment and Growth

The Impact of the Euro as a Global Currency

Edited by Pier Carlo Padoan
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 26th Jan 2001
Dimensions: w 234mm h 156mm d 20mm
Weight: 503g
ISBN-10: 1840643722
ISBN-13: 9781840643725
Barcode No: 9781840643725
There exists a twofold relationship between the factors affecting adoption of a single currency in Europe, employment, and growth. On one hand, the operation of the euro will be hindered if rigidities in labour and product markets persist - hence low employment and slow growth may be a cause of poor performance of the single currency. On the other hand, the functioning of the euro will affect future patterns of European employment. Pier Carlo Padoan and his distinguished group of contributing authors go beyond the common European-based debates to consider the impact of the euro as a global currency on the evolution of European labour, product, and regional markets. This insightful work will be of great interest to professional economists and post-graduate students in economics, international relations, and European studies.

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`Monetary Union, Employment and Growth provides a thorough and well-developed analysis of the macroeconomic and microeconomic implications of the single currency.' -- Terrence Casey, Journal of European Area Studies `This book offers an in-depth discussion of two highly topical European issues - the single currency and unemployment - making it suitable for professional economists and post-graduate students in economics, international relations and European studies.' -- European Access